shortshooter
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jjinfla said:
Think about it!
16 more terrorists caught actually makes it safer!
They are everywhere, not just the UK.
IPT Rumors Confirmed: London Cancelled - IPT Sold
- Thread starter oneballeddie
- Start date
Think about it!
16 more terrorists caught actually makes it safer!
They are everywhere, not just the UK.
Nick B said:
Mr Ho "sees" the interest that the best players in the world have for this sport, with KT jumping in the water, getting his bank account wet one could only of guessed what the outcome would of been.
These wealthy high enders think completely different. Brunswick grabbed on to the Great talent of the depression era and now Ho Ho HO and away we go with the evolution of professional pool, one can only wonder where it will go with the HO.
hmm, now Im worried, Ive already committed to buying a pool table from Holland in a few weeks. Damn I wish I had a year to prepare, an army of staff, and a few million quid. What chance do I have, hey I havent even booked a van or the ferry yet lol. Should I cancel, Im sure my supplier wont mind, ill just blame the terrorists 
Hmm me thinks if I was paying somebody to manage these events and they didn't have a) a venue secured in time b) several alternatives just in case plan a failed, Id be wasting my money and be looking for a new events manager!
Hmm me thinks if I was paying somebody to manage these events and they didn't have a) a venue secured in time b) several alternatives just in case plan a failed, Id be wasting my money and be looking for a new events manager!
Blackjack said:
Shit, hell just froze over! Me and Blackjack are on the same page!
This is a sweet move. I have always loved the IPT and what it started, but I knew it was just a first step and that KT probably was not the best head man due to his past and the IPT being a vehicle for "Natural Cures". Pool needed someone like KT to step up to the plate and show the world how pool "could" be done, and I am super glad he did it and thank him for setting the ball in motion. Now a man in Asia, where the sport is huge, will be able to take that ball and run with it. The USA is not going to loose out, it will still get some of the events, just not all of them as has happend so far. Now the sport will truly go global, there will be events in Asia, Europe, and America. Pool is going to have even more appeal now as a jet setting sport where the backdrop of Las Vegas one month is followed by the backdrop of Shanghai the next, and the month after that London, and then Sydney, and so on. This is going to make this sport look super appealing to fans and prospective players alike. This is a great thing for pool and could make this a truly global sport with a truly global tour.
Also little quirks such as the finals of the last event being a single race to 8 and whatnot that KT let happen needed to be fixed, and with Ho at the helm I am guessing they will be addressed.
Last but not least the Chinese appreciate how much better pool is as a live sport on TV. We might end up getting live telecasts of finals and whatnot eventually here. That will make pool vastly more entertaining for fans and should generate alot of interest from new viewers.
It is an exciting time for pool with alot of promise for a bright future.
I believe that every AZ poster does, in fact, wish pool, the players and the fans the very best regardless of what they think about KT and his IPT creation, I know that I do. The two are not necessarily mutually inclusive.
But let's be totally honest. KT has a deep rooted reputation, as well as a proven history, for being deceptive and dishonest to both the public and his clientele.
$150M for an inviable business without any major assets and a unproven, unstable income stream sounds like quite a stretch. Businesses are usually sold based on multiples of their net incomes (gross income is often misleading), asset values. or combinations of both. Replacement value is usually used to appraise real estate. Good will, operational infrastructure, future income expectations, and sometimes emotional factors, may enhance overall company value after the first three factors are considered. Start-ups are more difficult to price, although ones without incomes or assets (including proprietary patented products) usually have little or no value to most investors.
Even if this $150M sale was entirely true, the benefits of this sale would go to KT and his inside group, not to the players or the fans.
I actually believe, given the surrounding facts; the cancellation of the London event and the loss of live European tournament coverage, that the IPT is loosing momentum because of lack of interest and lack of income. Of course, I can be wrong, but that is certainly the way it appears to me.
But let's be totally honest. KT has a deep rooted reputation, as well as a proven history, for being deceptive and dishonest to both the public and his clientele.
$150M for an inviable business without any major assets and a unproven, unstable income stream sounds like quite a stretch. Businesses are usually sold based on multiples of their net incomes (gross income is often misleading), asset values. or combinations of both. Replacement value is usually used to appraise real estate. Good will, operational infrastructure, future income expectations, and sometimes emotional factors, may enhance overall company value after the first three factors are considered. Start-ups are more difficult to price, although ones without incomes or assets (including proprietary patented products) usually have little or no value to most investors.
Even if this $150M sale was entirely true, the benefits of this sale would go to KT and his inside group, not to the players or the fans.
I actually believe, given the surrounding facts; the cancellation of the London event and the loss of live European tournament coverage, that the IPT is loosing momentum because of lack of interest and lack of income. Of course, I can be wrong, but that is certainly the way it appears to me.
jjinfla said:
Now come on this is a ridiculous statement to make and I really hope you were just having an "off moment" when you made it. This kind of statement is totally insensitive, ludicrous and utterly offensive to those of us who live in the UK.
I'm really biting my tongue here. If you want to continue this "discussion" then let's do it via PMs and not hijack this thread totally.
Sorry to everyone else who has posted in this thread. Just couldn't let that comment go without making some sort of a reply.
Chris (Chrstc).
chrstc said:
Chris, I believe that Jake was inserting a little humor, though it may have seemed a bit flippant to you being from England.
Sometimes I have trouble understanding TheOne and his humor, i.e., "tree-huggers" and "bun-throwers."
Then when I met the charming Brian Saleh from England, we immediately became friends. No language barrier whatsoever. What a great kid!
BTW, I hit the post office yesterday and there is a package en route to you!
JAM
Hi JAM,
Thanks very much for sending off the parcel- much appreciated!
Sorry to Jake if his remark was meant to be humerous and I took it out of context. It's just with the "Kashmir-on-Thames" label that England has been given by one American publication this week, and the stir that has caused over here, that perhaps I'm in hyper-sensitive mode!
Thanks again,
Chris (Chrstc).
Thanks very much for sending off the parcel- much appreciated!
Sorry to Jake if his remark was meant to be humerous and I took it out of context. It's just with the "Kashmir-on-Thames" label that England has been given by one American publication this week, and the stir that has caused over here, that perhaps I'm in hyper-sensitive mode!
Thanks again,
Chris (Chrstc).
Celtic said:
No we're not. Do a little research on Mr. Ho and you will see that he has ties to the Kung LoK Triad. That is all that pool needs - connected with High Level Triad members with ties to North Korea. Way to go, Kevin.
This will be my last post on the subject. If you think that this is what pool needs you need your head examined.
JAM said:Chris, I believe that Jake was inserting a little humor, though it may have seemed a bit flippant to you being from England.
Sometimes I have trouble understanding TheOne and his humor, i.e., "tree-huggers" and "bun-throwers."
Then when I met the charming Brian Saleh from England, we immediately became friends. No language barrier whatsoever. What a great kid!
BTW, I hit the post office yesterday and there is a package en route to you!
JAM
It's "bun fights!"
(I'm wasted here lol)
chrstc said:
I know how you feel, Chris. It's a sensitive topic. Me living in D.C., I hear quite a bit of scuttlebutt about the terrorism. Seeing the media coverage on the tube, I never know what to believe and what not to believe.
Me, I'd love to go to England, but I ain't getting on no bird. I'll be traveling by boat!
JAM
If the information in the latest e mailed press release is correct The IPT Tour is at some indeterminate stage in the future likely to be acquired by a new company called Ho Interactive and it is Ho Interactive which is the company planned to be floated on The London stock Exchange at some other indeterminate time in the future,not The IPT Tour itself which was what was suggested in an earlier "Press Box" forum.
No purchase price for IPT was mentioned anywhere in the e mail which is of course exactly what would normally be expected from the seller/buyer to any impending sale contract regarding an existing business.
In these circumstances the purchase price is absolutely nobody's business but the seller and the buyer and no-one else actually needs to know,the players certainly don't need to know as the purchase price,whatever it might be, is to all intents and purposes irrelevant to them.
It is to whom The IPT Tour is potentially being sold and what the new Owner plans to do with it and how the new Owner plans to deal with the issue of the current published 2006/2007/2008 Tour Schedules and published Prize Fund intentions of the former Owners which is what will matter to the players,not the price it is being sold for. In this respect it appears unlikely that any detailed information would be forthcoming from Ho Interactive on that subject for quite some time.That is hardly surprising as any new Owner wouldn't even be obliged to tell Mr Trudeau what they intended to do with The Tour after they acquired Ownership.
The specific amount constituting the planned purchase price therefore seems like a bit of a red herring and if indeed Mr Trudeau saw fit to draw attention during the Reno players meeting to a price range being allegedly discussed between seller and potential buyer it can reasonably be assumed that the main purpose of doing so was to reassure the players and the punters of the continued viability and success of IPT in the light of cancellation of the London event.
Nothing wrong with that as a tactic,any businessman might do likewise,but lets not pretend that the reason for the mentioning of potential purchase and price was likely to have been anything other than that.
However,now that Mr Trudeau has himself brought the issue of impendingsale of IPT to the attention of the existing tour players both they and any potential triers for 2007 tour cards should surely now be much more interested in establishing what would be the likely plans of the potential new Owners for honouring the committments of the present Owner to the existing player lists,tournament schedules,card qualifier procedures and published prize funds than gossipping or oohing and aaahing at 9 digit purchase prices being bandied about.That is surely what will matter to them,even if the Tour was given away to a new Owner as a freebie.
No purchase price for IPT was mentioned anywhere in the e mail which is of course exactly what would normally be expected from the seller/buyer to any impending sale contract regarding an existing business.
In these circumstances the purchase price is absolutely nobody's business but the seller and the buyer and no-one else actually needs to know,the players certainly don't need to know as the purchase price,whatever it might be, is to all intents and purposes irrelevant to them.
It is to whom The IPT Tour is potentially being sold and what the new Owner plans to do with it and how the new Owner plans to deal with the issue of the current published 2006/2007/2008 Tour Schedules and published Prize Fund intentions of the former Owners which is what will matter to the players,not the price it is being sold for. In this respect it appears unlikely that any detailed information would be forthcoming from Ho Interactive on that subject for quite some time.That is hardly surprising as any new Owner wouldn't even be obliged to tell Mr Trudeau what they intended to do with The Tour after they acquired Ownership.
The specific amount constituting the planned purchase price therefore seems like a bit of a red herring and if indeed Mr Trudeau saw fit to draw attention during the Reno players meeting to a price range being allegedly discussed between seller and potential buyer it can reasonably be assumed that the main purpose of doing so was to reassure the players and the punters of the continued viability and success of IPT in the light of cancellation of the London event.
Nothing wrong with that as a tactic,any businessman might do likewise,but lets not pretend that the reason for the mentioning of potential purchase and price was likely to have been anything other than that.
However,now that Mr Trudeau has himself brought the issue of impendingsale of IPT to the attention of the existing tour players both they and any potential triers for 2007 tour cards should surely now be much more interested in establishing what would be the likely plans of the potential new Owners for honouring the committments of the present Owner to the existing player lists,tournament schedules,card qualifier procedures and published prize funds than gossipping or oohing and aaahing at 9 digit purchase prices being bandied about.That is surely what will matter to them,even if the Tour was given away to a new Owner as a freebie.
Thank you Celtic, I was just about done reading anything more here. I love debate but I just hate the few people who have nothing positive to say. They attack every thread on the IPT with their negative vibes and it's just sad.
No one attacks the other Tours with such petty crap, they attack the IPT for everything and anything and most of them won't even go to an event other then be in one.
But anyway Celtic thanks for the post, you made me not pound the crap outa my keyboard.
Have a happy day
mrs.g
No one attacks the other Tours with such petty crap, they attack the IPT for everything and anything and most of them won't even go to an event other then be in one.
But anyway Celtic thanks for the post, you made me not pound the crap outa my keyboard.
Have a happy day
mrs.g
Celtic said:At least your quote covered most of what I wanted to say to Blackjack despite the rest of the post being removed.
I read it. It was spot on. Too bad it was deleted. It is what most of us are thinking about BlackJack.
Looks like this interesting IPT twist has caught BJ off guard. Last post on the subject... How convenient, eh BlackJack? If I were you, I'd just say "hey, looks like I may not have been 100% correct... we all make mistakes." Might be a little too stubborn for that though lol
Just read your myspace rant , one bad guy to the next. I'm getting some enjoyment out of this BJ
You are on a mission lol
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